Nova Scotia has turned its trade focus to growing its European exports through a new strategy that builds on successful efforts to boost trade with China.
Premier Stephen McNeil said Thursday that although the Nova Scotia-Europe Engagement Strategy sets no targets, the idea is to grow trade and investment opportunities with the European Union, which is the province's third largest export market after the United States and China.
In 2018 Nova Scotia exported $597-million worth of goods to Europe including seafood, berries, wood and energy products. "Without you this doesn't work," he said. "With you I think we'll surpass even our wildest dreams about the potential for this relationship to continue to grow." Jean-Paul Deveau, president and CEO of Acadian Seaplants, was on hand Thursday to stress the importance of increasing trade in a province with a small and aging population.
He said on a recent trip to Paris he was able to negotiate a new five-year deal with his company's largest customer in France. In addition, Deveau said the company is on the verge of a deal to buy another company in the United Kingdom.
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